While countering theories that demand will peak within years with his own forecast that consumption will keep growing for decades, the boss of Saudi Arabia’s state oil company defended petroleum as the mainstay of the global economy. “The global economy… Read More ›
He will either renegotiate or terminate a “horrible” trade deal with South Korea, said U.S. President Donald Trump, reported Reuters. Reuters also said that for the THAAD missile defense system, the president also said he wants South Korea to pay for the… Read More ›
The euro is suddenly everyone’s favorite even as it was perceived as the riskiest currency on the planet until Sunday’s French election. This shows what a difference a week can make. After the first round of the vote delivered all… Read More ›
Companies that came from China and were among mainland firms that contributed to the flurry of initial public offerings in the city state about a decade ago were among the n umber companies stood out for those common characteristics among departures from… Read More ›
In a deal that would make it the most valuable startup in China, Ride-hailing giant Didi Chuxing is near an agreement to raise $5 billion to $6 billion, reported the media quoting people familiar with the matter. One of the people, asking… Read More ›
In a continued push to diversify the United Arab Emirates’ economy as its comes under continued pressure from oil prices, Abu Dhabi has set its sights on developing a booming financial services sector. To power their economies, attempts to reduce… Read More ›
Jason Mudrick Says Retail Is a Mess, to Say the Least. As retailers try to cope with the rapid acceleration and growing popularity of online shopping, they are filing for bankruptcy at a record rate, Mudrick says. Almost topping off… Read More ›
The slight changes in tone when it comes to their assessment of economic activity is expected to dominate the meeting of the European Central Bank meeting that is scheduled to be held this week. There appears to be little appetite to… Read More ›
After a solid first quarter, pointing to a slow down in capital outflows and a stable yuan after a selloff last year stoked fears of instability, policymakers in China are pushing a bullish message on the world’s second-biggest economy. China’s… Read More ›
By saying that she was “very encouraged” that talks were being looked at after her recent trip to Washington, German Chancellor Angela Merkel fueled expectations of a future EU-U.S. trade deal on Sunday. Germany would continue to work for trade… Read More ›
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